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Monday, January 12, 2009

MD-IT Gets $11M

Boulder, Colorado-based MD-IT said Monday that the firm has raised $11M in a Series B funding round. The firm, which provides medical documentation services and software for physicians, said the funding came from private equity firm J. Burke Capital Partners. The company said the funding will go towards acquisition of regional transcription companies, along with for investing in technology, sales, and marketing. MD-IT said it was advised by First Analysis Securities Corporation in the transaction. More information »